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Shell ready to invest 4 billion in France

2022-01-21T19:43:58.939Z


The oil giant wants to diversify into offshore wind power, hydrogen and biofuels for aviation. “For a hundred years, we have been selling gasoline in France, summarizes the big boss of Shell. From now on, we want to develop the energies of the future there.” It doesn't matter that the Élysée has canceled the Choose France event, scheduled for the start of the week. Ben van Beurden maintained his visit to Paris. The opportunity to meet two ministers and to detail in Figaro the ambitions of S


“For a hundred years, we have been selling gasoline in France,

summarizes the big boss of Shell.

From now on, we want to develop the energies of the future there.”

It doesn't matter that the Élysée has canceled the Choose France event, scheduled for the start of the week.

Ben van Beurden maintained his visit to Paris.

The opportunity to meet two ministers and to detail in

Figaro

the ambitions of Shell.

"France is one of the key countries in which to invest in the energy transition"

, assures the managing director of Shell.

But the British oil and gas giant aims to reduce the share of its fossil activities and increase its production of green electricity.

Each year, Shell invests 100 million euros in France.

This is little compared to its 20 billion euros of global investments.

“We can do a lot more

, assures Ben van Beurden.

We have identified 4 billion euros worth of investment opportunities in France: offshore wind tenders, hydrogen production, etc.

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Source: lefigaro

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